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Subsequent Event
 6 Months Ended
Jun. 28, 2020
Subsequent Events [Abstract]  
Subsequent Event

(11)

Subsequent Event

In response to the current strength of the Company’s balance sheet, operations and cash flow generation, the Company’s Board of Directors reinstated the Company’s quarterly cash dividend at the previous rate of $0.05 per share of outstanding common stock. The Company has declared a cash dividend of $0.10 per share of outstanding common stock, which will be paid on September 15, 2020 to stockholders of record as of September 1, 2020. The cash dividend reflects the Company’s reinstated quarterly cash dividend of $0.05 per share of outstanding common stock for the third quarter of fiscal 2020, and also includes an additional $0.05 per share of outstanding common stock in recognition that the Company did not pay a dividend in the second quarter of fiscal 2020 as it engaged in various efforts to conserve cash in response to the uncertainties of COVID-19.